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Business Cycle
Total points
17/20
The respondent's email (
redacted
) was recorded on submission of this form.
0 of 0 points
Last Name
*
Redacted
First Name
*
Redacted
Class Period
*
1st
2nd
3
4
5
Directions: Select the correct phase for each statement.
17 of 20 points
Use your notes to help you.
Inflation is starting to increase
*
1/1
Does not apply
Trough
Boom/ Peak
Recession
Expansion
Correct
Stock Prices are starting to rise
*
1/1
Trough
Boom/ Peak
Recession
Does not apply
Expansion
Correct
Major Macro Concerns at Trough?
*
2/2
GDP Growth
Unemployment
Correct
Stable Prices
GDP is rising out of a recession
*
0/1
Trough
Expansion
Incorrect
Does not apply
Recession/contraction
Boom/ Peak
Correct answer
Recession/contraction
Major Macro Concerns at Contraction?
*
2/2
GDP Growth
Unemployment
Correct
Stable Prices
Production is starting to slow down
*
1/1
Prosperity/Expansion
Does not apply
Boom/ Peak
Recession/contraction
Correct
Trough
Workers are starting to be laid off
*
1/1
Boom/ Peak
Recession/contraction
Correct
Trough
Prosperity/Expansion
Does not apply
Interest rates are at their lowest
*
1/1
Recession
Trough
Correct
Boom/ Peak
Does not apply
Expansion
Lowest Period for production
*
1/1
Recession/contraction
Does not apply
Boom/ Peak
Expansion
Trough
Correct
Unemployment is at its highest
*
0/1
Does not apply
Expansion
Recession/contraction
Incorrect
Trough
Boom/ Peak
Correct answer
Trough
Business profits are on the decline
*
1/1
Recession/contraction
Correct
Boom/ Peak
Expansion
Trough
Does not apply
Other:
The economy slows down
*
1/1
Trough
Does not apply
Recession/contraction
Correct
Expansion
Boom/ Peak
CPI at highest point
*
1/1
Prosperity/Expansion
Recession
Does not apply
Boom/ Peak
Correct
Trough
Economic Activity at its highest.
*
1/1
Does not apply
Expansion
Trough
Recession/contraction
Boom/ Peak
Correct
Major Macro Concern at Peak?
*
1/1
Unemployment
GDP Growth
Stable Prices
Correct
Major Macro Concern at Expansion?
*
0/1
GDP Growth
Incorrect
Unemployment
Stable Prices
Correct answer
Stable Prices
Consumer spending is rising on all items.
*
1/1
Expansion
Correct
Boom/ Peak
Recession/contraction
Trough
Does not apply
Businesses at full productive output
*
1/1
Prosperity/Expansion
Boom/ Peak
Correct
Trough
Recession
Does not apply
This form was created inside of Henry County Schools.
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